Advanced Television


Millicom Q4 revenue up 10.1%

Millicom, the LatAm telco, has released its Q4 2022 results. Revenue was up 10.1 per cent YoY to $1.38 billion (€1.29bn) and operating profit increased 17.2 per cent to $203 million, reflecting the Guatemala acquisition. Service revenue was up 2.3 per cent to $1.15 billion, organically fueled by broad-based growth across business lines and countries. […]

February 10, 2023

Millicom to acquire full control of Tigo Guatemala

Millicom has signed an agreement to acquire the remaining 45 per cent equity interest in its joint venture businesses in Guatemala (collectively, ‘Tigo Guatemala’) from its local partner for $2.2 billion (€1.9bn) in cash. As a result, Millicom will own a 100 per cent equity interest in Tigo Guatemala. The transaction is expected to be […]

November 12, 2021